RadNet Balance Sheet Health
Financial Health criteria checks 4/6
RadNet has a total shareholder equity of $1.1B and total debt of $834.6M, which brings its debt-to-equity ratio to 77.5%. Its total assets and total liabilities are $3.0B and $1.9B respectively. RadNet's EBIT is $101.3M making its interest coverage ratio 1.5. It has cash and short-term investments of $527.0M.
Key information
77.5%
Debt to equity ratio
US$834.64m
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$526.98m |
| Equity | US$1.08b |
| Total liabilities | US$1.89b |
| Total assets | US$2.97b |
Recent financial health updates
We Think RadNet (NASDAQ:RDNT) Can Stay On Top Of Its Debt
Dec 04
RadNet (NASDAQ:RDNT) Takes On Some Risk With Its Use Of Debt
Aug 09We Think RadNet (NASDAQ:RDNT) Is Taking Some Risk With Its Debt
Mar 30RadNet (NASDAQ:RDNT) Has A Somewhat Strained Balance Sheet
Dec 12Here's Why RadNet (NASDAQ:RDNT) Has A Meaningful Debt Burden
Aug 12Is RadNet (NASDAQ:RDNT) A Risky Investment?
May 11Recent updates
Returns On Capital At RadNet (NASDAQ:RDNT) Have Stalled
Jun 05RadNet: Qualified Growth Route, Still Undervalued
Jun 05Is There Now An Opportunity In RadNet, Inc. (NASDAQ:RDNT)?
May 10Are RadNet, Inc. (NASDAQ:RDNT) Investors Paying Above The Intrinsic Value?
Apr 08RadNet, Inc.'s (NASDAQ:RDNT) 26% Price Boost Is Out Of Tune With Revenues
Mar 06Why RadNet, Inc. (NASDAQ:RDNT) Could Be Worth Watching
Feb 08RadNet, Inc. Stock Price Is More Vigorous Than Its Valuation
Jan 28Getting In Cheap On RadNet, Inc. (NASDAQ:RDNT) Might Be Difficult
Dec 28We Think RadNet (NASDAQ:RDNT) Can Stay On Top Of Its Debt
Dec 04RadNet (NASDAQ:RDNT) Might Be Having Difficulty Using Its Capital Effectively
Aug 27RadNet (NASDAQ:RDNT) Takes On Some Risk With Its Use Of Debt
Aug 09We Think RadNet (NASDAQ:RDNT) Is Taking Some Risk With Its Debt
Mar 30RadNet (NASDAQ:RDNT) Will Want To Turn Around Its Return Trends
Feb 19RadNet (NASDAQ:RDNT) Has A Somewhat Strained Balance Sheet
Dec 12An Intrinsic Calculation For RadNet, Inc. (NASDAQ:RDNT) Suggests It's 41% Undervalued
Nov 26RadNet JV acquires Montclair Radiology's outpatient radiology assets
Oct 11Some Investors May Be Worried About RadNet's (NASDAQ:RDNT) Returns On Capital
Oct 10RadNet Presents With The Idiosyncratic Risk Premia To Deliver Risk-Adjusted Alpha
Aug 28Here's Why RadNet (NASDAQ:RDNT) Has A Meaningful Debt Burden
Aug 12RadNet Non-GAAP EPS of $0.15 beats by $0.06, revenue of $354.1M beats by $5.16M;reaffirms FY guidance
Aug 09RadNet (NASDAQ:RDNT) Is Reinvesting At Lower Rates Of Return
Jul 01Is It Time To Consider Buying RadNet, Inc. (NASDAQ:RDNT)?
Jun 17Is RadNet (NASDAQ:RDNT) A Risky Investment?
May 11Estimating The Intrinsic Value Of RadNet, Inc. (NASDAQ:RDNT)
Apr 06Is RadNet (NASDAQ:RDNT) Using Too Much Debt?
Jan 24Returns On Capital At RadNet (NASDAQ:RDNT) Have Stalled
Dec 23Is RadNet, Inc. (NASDAQ:RDNT) Potentially Undervalued?
Dec 08RadNet, Inc.'s (NASDAQ:RDNT) Intrinsic Value Is Potentially 35% Above Its Share Price
Nov 23Financial Position Analysis
Short Term Liabilities: RDNT's short term assets ($795.8M) exceed its short term liabilities ($427.9M).
Long Term Liabilities: RDNT's short term assets ($795.8M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: RDNT's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: RDNT's debt to equity ratio has reduced from 311.3% to 77.5% over the past 5 years.
Debt Coverage: RDNT's debt is well covered by operating cash flow (24.6%).
Interest Coverage: RDNT's interest payments on its debt are not well covered by EBIT (1.5x coverage).